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The Nexus
BUSINESSMay 13 · 14:20 UTCCBS NEWS

Restaurant owner says "it's pretty scary" as inflation could force him to hike prices

Inflation has risen to an annual rate of 3.8%, driven by surging fuel prices due to the war with Iran, which may force a restaurant owner to hike prices. This increase is the highest in nearly three years and is impacting businesses and consumers. The situation is causing concern among business owners.

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